We've broken down the top first-class perks to see which carriers offer the best value. Etihad. Come December, the Abu Dhabi-based airline is taking luxury a step further with the launch of Residence Class on its Airbus A380 and Boeing B787 Dreamliner aircraft.
Sell, Then Buy. The simplest way to roll your investment properties into a personal residence is to sell the properties, pay your taxes and use the proceeds to buy a house. When you do this, you'll have to pay capital gains tax on any profits you earned on your investment properties.
Because you are not buying it for use, you are buying it as an investment. Depreciation matches the costs to the period in which the asset is used. Since it has been classified as investment property the intent is to sell it at some point in the future, not use it. You can think of it in terms of stock. You wouldn't depreciate the purchase of a stock.